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Home Crypto Updates “Bitcoin Plummets as Pepe Coin and XRP Crash, Ethereum Surges in Crypto Market”

“Bitcoin Plummets as Pepe Coin and XRP Crash, Ethereum Surges in Crypto Market”

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“Bitcoin Plummets as Pepe Coin and XRP Crash, Ethereum Surges in Crypto Market”

Today, the crypto market saw a downturn as Bitcoin (BTC) dropped below $43,000 and major altcoins also experienced significant losses. However, Ethereum (ETH), the second-largest crypto by market cap, showed a notable increase. On the other hand, XRP suffered a major hit as it fell below $0.52.

Crypto Prices Today

Bitcoin’s price dropped by 1.21% to $42,930.19, with a trading volume of $22.84 billion in the last 24 hours. Its market cap currently stands at $842.03 billion. Meanwhile, Ethereum’s price increased by 1.34% to $2,340.43, with a market valuation of $281.25 billion. Its trade volume also surged by 10.90% to $10.39 billion. Binance Coin (BNB) saw a decrease of 1.28% in its price, settling at $306.82, while its trade volume dropped by 8.74% to $765.24 million.

Solana (SOL) saw a decline of 1.54% in its price, reaching $100.28. However, its trade volume increased by 25.91% to $3.49 billion. XRP’s price also suffered a significant plunge, falling by 4.90% to $0.5103. On the other hand, its trading volume rose by 94.10% to $1.76 billion. The price of Cardano (ADA) also slipped by 3.49% to $0.5111, with a 10.15% decrease in its 24-hour trading volume, settling at $456.43 million. In the meme coin market, Dogecoin (DOGE) dropped by 1.71% to $0.08008, while its competitor Shiba Inu (SHIB) registered a 1.86% decrease and traded at $0.000009112.

Also Read: Ethereum ETF Approval Could Boost ETH to $4K: Standard Chartered

Top Crypto Prices Today

Pepe Coin (PEPE) Crashes Hard

The popular meme coin, Pepe Coin, experienced a significant crash with a 7% decrease in its price, settling at $0.0000009831. Its market valuation currently stands at $412.11 million, with a 24-hour trade volume of $76.32 million.

Render (RNDR): The Top Crypto Gainer Today

Render (RNDR), launched in 2017 by Jules Urbach, saw a massive profit today with a 7.18% increase in its price, reaching $4.66. Its trade volume also spiked by 103.38% to $215.44 million.

Pyth Network (PYTH) Gains Over 6%

Pyth Network (PYTH), part of the Solana ecosystem, also saw a notable increase today with a 6.51% rise in its price, reaching $0.4214. Its trade volume also soared by 95.03% to $99.24 million, with a high of $0.446 during the rally.

Also Read: Breaking: US SEC Chooses to Dismiss Lawsuit Against Debt Box